HUD halts LA homelessness agency funding amid mismanagement probe

The U.S. Department of Housing and Urban Development suspended the Los Angeles Homeless Services Authority from about $69 million in federal funding (8% of its budget) pending an inspector general investigation into chronic financial mismanagement and weak conflict‑of‑interest safeguards; HUD warned funding could be restored or permanently barred, LAHSA says the move could push thousands of formerly homeless people back onto the streets, and local officials are weighing accountability measures and options to keep federal money flowing.